The Oregon Agreement to Manage and Lease Shopping Center is a legally binding document that outlines the terms and conditions between a shopping center owner (referred to as the landlord) and a property management company (referred to as the manager). This agreement serves as a comprehensive guide to managing and leasing a shopping center in the state of Oregon. The main purpose of the agreement is to establish a mutual understanding regarding the responsibilities and rights of both parties involved in the management and leasing process. It covers various aspects, including property maintenance, tenant recruitment, rent collection, lease administration, and overall operations of the shopping center. Under this agreement, the manager is responsible for ensuring the smooth functioning and profitability of the shopping center. They handle tasks such as maintaining the property, including its physical upkeep, and arranging for necessary repairs and maintenance services. The manager is also responsible for attracting and securing tenants for the retail spaces available in the shopping center. The agreement specifies the manager's duties, which may include marketing and advertising the shopping center, negotiating lease agreements, collecting rents, conducting regular inspections, and handling tenant concerns or disputes. Additionally, it outlines the extent of authority granted to the manager, such as the power to enforce leasing terms and resolve issues on behalf of the landlord. In terms of financial matters, the agreement typically covers the compensation structure for the management company. This may include a base fee or a percentage of the rental income generated from the shopping center. The agreement may also outline any additional fees the manager is entitled to, such as percentages from late fees, maintenance charges, or any specified incentive payments. Different types of Oregon Agreement to Manage and Lease Shopping Centers may exist depending on the specific requirements and circumstances of the parties involved. For example, there may be variations in the agreement based on the size of the shopping center, the number of tenants, and the specific services provided by the manager. These agreements can range from simple contracts designed for smaller shopping centers to more complex and detailed agreements for larger, multi-tenant properties. In conclusion, the Oregon Agreement to Manage and Lease Shopping Center is a vital document that governs the relationship between shopping center owners and property managers. It ensures a clear and comprehensive understanding of the rights, duties, and financial arrangements involved in the management and leasing of a shopping center in Oregon.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.